Unlock all features! Tap here to upgrade
This property looks like a bad Airbnb investment with a projected -2.8% first-year return on $68,673 initial cash invested.
-2.8%
Cash On Cash
6.17%
Cap Rate
0.96
DSCR
$2,752
Rent
-$160
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,752 income − $2,912 expenses = $160 out of pocket
Investment Breakdown
|
Purchase Price
$241k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,673
Downpayment
20%
$48,260
Closing costs
1%
$2,413
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,752
Total Expenses
$2,912
Mortgage P&I
47%
$1,291
Property Taxes
8%
$212
Home Insurance
3%
$88
HOA
0%
$0
Property Management
15%
$413
CapEx
4%
$110
Vacancy
0%
$0
Maintenance
4%
$110
Other
25%
$688